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1 = STRONG BUY | 2 = BUY | 3 = HOLD | 4 = UNDERPERFORM | 5 = SELL

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Company Profile

New Concept Energy, Inc. is a real estate investment company. The Company owns approximately 190 acres of land located in Sandyville West Virginia. Located on the land are four structures totaling approximately 53,000 square feet. Of this total area the main industrial/office building contains approximately 24,800 square feet of which approximately 16,000 square feet is leased. Its operations include leasing its office building located in Parkersburg West Virginia. The Company is providing advisory and management services for an independent West Virginia oil and gas company. In addition, The Company seeks to establish or acquire new business operations.

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